I just got this noot case today and I have to say it's quite amazing for $2.99. Compared to the highly rated Diztronic case that I have, I actually prefer the noot. It's a little slimmer due to the lack of lip and it actually feels a little lighter as well. It really feels like a natural extension to the iPhone. What I really love however, are the volume and sleep buttons, which are extremely tactile and feels much better than the somewhat tough-to-press Diztronic ones.
I went ahead and bit the bullet by testing out an alcohol swab to the logo and it does come off pretty easily with enough force. The downside is that it leaves a noticeable discolored scuff in it's place that looks worse than the noot name. Kind of regret doing it now, but next time I order something on Amazon i'll just toss another one of these cases into my cart...I mean come on, it's only $3. I'd say it's even a bargain for $10 from the ebay link posted in this thread. Hell, it's better than most brand name $20-$30 cases you can find at Best Buy, and that's not an exaggeration. Unprecedented at this price.